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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
May 29, 2022
Feb. 27, 2022
Current assets    
Cash and cash equivalents $ 4,333 $ 12,811
Marketable securities (Note 3) 102,994 97,550
Accounts receivable, less allowance for doubtful accounts of $108 and $104, respectively 8,957 8,339
Inventories (Note 4) 6,649 4,657
Prepaid expenses and other current assets 3,862 3,082
Total current assets 126,795 126,439
Property, plant and equipment, net 24,160 24,333
Operating right-of-use assets (Note 5) 190 203
Goodwill and other intangible assets 9,790 9,790
Other assets 119 122
Total assets 161,054 160,887
Current liabilities    
Accounts payable 3,180 2,534
Operating lease liability (Note 5) 54 53
Accrued liabilities 1,333 1,494
Income taxes payable 2,746 2,211
Total current liabilities 7,313 6,292
Long-term operating lease liability (Note 5) 163 174
Non-current income taxes payable (Note 10) 12,621 12,621
Deferred income taxes (Note 10) 1,778 1,671
Other liabilities 4,531 4,497
Total liabilities 26,406 25,255
Commitments and contingencies (Note 12)
Shareholders' equity (Note 8)    
Common stock 2,096 2,096
Additional paid-in capital 169,750 169,665
Accumulated deficit (24,903) (24,767)
Accumulated other comprehensive earnings (2,898) (1,965)
Stockholders' Equity, Including Treasury Stock 144,045 145,029
Less treasury stock, at cost (9,397) (9,397)
Total shareholders' equity 134,648 135,632
Total liabilities and shareholders' equity $ 161,054 $ 160,887